After vowing never to buy bitcoins again, stockbroker Dave Portnoy sold all the nameplates he had bought when the price was at its highest to buy bitcoin. After being called out for being a paper-pusher, Tailor now says he will never sell his one bitcoin.
Dave Portnoy is now the proud owner ofbitcoins
American day trader and founder of the blog Barstool Sports, Dave Portnoy, has finally bought bitcoin. He posted a video on Twitter on Monday, revealing that : I bought bitcoin when it was worth $48,000. That’s all I can afford. He tweeted:
I am the proud owner of a Bitcoin.
After hearing that Elon Musk’s Tesla had sold some of its bitcoins, Portnoy said he would not sell his BTC. I own 100% of my bitcoin, he stressed. On Tuesday, he said his bitcoin had rebounded to the price he bought it for: Since I bought it, the price has gone up. He also started calling himself Barron Bitcoin.
On his mini-dialogue with Elon Musk about Tesla selling bitcoins, Portnoy said: Elon and I had no quarrel. As a true believer in bitcoin and a proud owner of a bitcoin. It is my duty to protect myself against all threats, large or small, real or perceived, transmitted by the lettuce.
From bullion to bitcoin
Before buying bitcoin, he was intrigued by the dogleg when the price reached its all-time high. The 16th. In April, he posted a video stating that he had logged into his Blockfolio account to see how he could participate in a dog-eat-dog that he called a Ponzi scheme. On the 20th. On Dog Day in April, he posted a video stating that he had purchased $25,000 worth of dog alcohol.
However, Portnoy confirmed Monday that he has sold all of his brand names, but insists that he did not sell at a loss. He stated:
I don’t have a DOGE. I sold the dog… I bought it expensive and when the dog didn’t go away, I sold it and moved on.
He is also selling his first NFT, a pizza sheet. If you want to own a piece of history and a piece of my soul, this is your chance, he said.
Tailor discovered bitcoin when the Winklevoss twins visited his home last August to personally show him how to buy bitcoins through their crypto currency exchange, Gemini.
In addition to a $200,000 investment in BTC, he also invested in Chain Production (LINK) and Orchid (OXT) at the time. However, when the prices of cryptocurrencies fluctuated, Portnoy sold all his coins and got out of cryptocurrencies completely. I got into crypto because the coins don’t always go up. On the other hand, stocks continue to rise steadily, he said at the time.
As the price of bitcoins continues to rise, Portnoy regrets selling his coins. In February, he released a video saying he would never buy bitcoins again. He acknowledged that BTC is the only investment that continues to grow and said: I know I’m an idiot with bitcoins. But I refuse to be the poorest man on the ship. I don’t clean the deck.
What do you think about Dave Portnoy selling dog tags and buying bitcoin? Let us know your comments in the section below.
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